Warner Bros. Discovery, Inc. (NASDAQ:WBD) will release earnings for the fourth quarter before the opening bell on Thursday, Feb. 26.Analysts expect the New York-based company to report quarterly earnings at 3 cents per share. That's down from 20 cents per share in the year-ago period. The consensus estimate for Snowflake's quarterly revenue is $9.38 billion (it reported $10.03 billion last year), according to Benzinga Pro.The company has missed analyst revenue estimates for 15 straight quarters.Shares of Wa ...

Core Viewpoint - Warner Bros. Discovery, Inc. is expected to report a significant decline in quarterly earnings and revenue, continuing a trend of missing analyst estimates for the past 15 quarters [1]. Earnings Expectations - The company is projected to report earnings of 3 cents per share for the fourth quarter, a decrease from 20 cents per share in the same period last year [1]. - The consensus estimate for quarterly revenue is $9.38 billion, down from $10.03 billion reported last year [1]. Stock Performance - Shares of Warner Bros. Discovery fell by 0.9%, closing at $28.90 on Wednesday [2].

An unpopular merger could be averted.Shares of Netflix (NFLX +5.99%) rose on Wednesday, as it became more likely that its pending acquisition of Warner Bros. Discovery's (WBD 0.84%) film studios and HBO Max streaming service could fall through.By the close of trading, Netflix's stock price was up nearly 6%. Paramount to the rescue Netflix is locked in a fierce bidding war with media conglomerate Paramount Skydance (PSKY 1.88%). The battle drove Netflix's offer price for WBD's assets up to an enterprise valu ...

Core Viewpoint - Netflix CEO Ted Sarandos is making a significant effort to secure the acquisition of Warner Bros. Discovery's streaming service and studio amid rising antitrust concerns and political challenges [1][3][6]. Group 1: Acquisition Efforts - Sarandos is heading to Washington to address antitrust concerns related to Netflix's plans to integrate Warner Bros. Discovery's streaming service with its own [1][3]. - The acquisition deal is valued at $73 billion, which has raised concerns among Netflix shareholders regarding the financial implications and the debt required to finance the deal [6][12]. - Warner Bros. Discovery is reconsidering its agreement with Netflix due to a competing bid from Paramount Skydance, which has proposed a higher offer of $31 per share [8][9]. Group 2: Political and Regulatory Challenges - Sarandos is engaging in a lobbying effort that includes potential meetings with political figures, including President Trump, to mitigate antitrust scrutiny [2][3]. - GOP lawmakers are skeptical of Netflix's programming, viewing it as politically biased, which complicates the company's efforts to gain regulatory approval for the acquisition [4][6]. - The Department of Justice is reportedly scrutinizing Netflix's business model under antitrust laws, which could pose significant hurdles for the acquisition [15][16]. Group 3: Competitive Landscape - Paramount Skydance's bid is seen as having a better chance of regulatory approval due to less overlap with existing services, making it a formidable competitor in the acquisition process [10][14]. - The outcome of the acquisition will be determined by a shareholder vote on March 20, which has garnered significant attention from investors and media alike [12][16]. - The ongoing negotiations and competitive bids highlight the strategic importance of Warner Bros. Discovery's assets, including HBO Max and CNN, in the media landscape [12][17].

Core Viewpoint - The ongoing merger discussions between Warner Bros. Discovery (WBD) and Paramount have prompted Netflix to consider its position, with speculation about whether it will increase its offer or withdraw from negotiations [1][2]. Group 1: Netflix's Position and Market Reaction - Netflix shares rose by 6% following the news of WBD extending merger talks with Paramount, despite a nearly 30% decline in its stock since last November [1][3]. - Co-CEO Ted Sarandos is actively engaging with political figures to bolster Netflix's case in the merger discussions [1][2]. - The company has maintained a commitment to disciplined capital allocation, indicating that it will not pursue the deal if the financials do not justify it [5][7]. Group 2: Merger Dynamics and Financial Considerations - WBD's board extended the negotiation window, suggesting that Paramount's improved offer could be seen as superior to Netflix's, which is currently at $27.75 per share [4][7]. - The shareholder vote on the Netflix transaction is scheduled for March 20, which adds urgency to the negotiations [4]. - Analysts predict that final bids may exceed the current $31 offer from Paramount, with expectations that Netflix may not justify a higher bid than $30 [7][8]. Group 3: Human Factors in Decision-Making - The decision-making process in mergers is influenced by the individuals in leadership positions, highlighting the importance of human factors alongside financial metrics [6][7]. - The dynamics of management beliefs and information asymmetry can significantly impact the outcome of the negotiations [7].

Netflix Co-CEO Sarandos to visit White House to discuss Warner Bros bid, Politico reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Netflix CEO Ted Sarandos attends the premiere for the final season of the television series "Stranger Things" at the TCL Chinese Theatre in Los Angeles, California, U.S., November 6, 2025.... [Purchase Licensing Rights, opens new tab] Read moreFeb 25 (Reuters) - Netflix Co-CEO Ted Sarandos will a ...

Netflix's (NASDAQ: NFLX) ongoing attempt to acquire the studio and streaming assets from Warner Bros. Discovery (NASDAQ: WBD) hit a new wrinkle on Wednesday. Suitor Paramount Skydance (NASDAQ: PSKY) increased its hostile takeover bid to $31 per share yesterday. After an initial review of the deal, Warner Bros. said its board of directors "could reasonably be expected" to view the deal as "superior" to the deal on the table from Netflix. Wall Street and Hollywood are both waiting for Warner Bros. to issue a ...

The battle between Paramount Skydance (NASDAQ: PSKY) and Netflix (NASDAQ: NFLX) continued recently, with Warner Bros. (NASDAQ: WBD) saying Paramount has raised its all-cash bid to buy the company by $1 to $31 per share. Furthermore, Paramount included a $7 billion termination fee if the acquisition is not approved by regulators. Paramount had already made its offer more attractive by agreeing to pay the $2.8 billion termination fee that Warner Bros. would owe Netflix if it walked away from the agreement i ...

As events are leaning toward David Ellison and Paramount prevailing in its $108 billion hostile-takeover bid for Warner Bros Discovery, almost a dozen Republican state attorneys general are insisting that the federal government heavily scrutinize Netflix‘s bid for the iconic studio. “We, the undersigned Attorneys General, write to express our concerns that the proposed merger between Netflix and Warner Brothers will likely result in undue market concentration that stifles competition and therefore creates ...

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv 11 US States urge DOJ to thoroughly probe Netflix- Warner Bros. deal February 25, 20264:13 PM UTCUpdated ago By Reuters Mercedes says personal relations with China important for economic ties Reporting by Jody Godoy, Editing by Franklin Paul Our Standards: The Thomson Reuters Trust Principles., opens new tab Purchase Licensing Rights Read Next Litigationcategory California seeks injunction to ...